BRIEF-Westpac Sells RAMS Mortgage Portfolio

Reuters
Nov 03, 2025
BRIEF-Westpac Sells RAMS Mortgage Portfolio

Nov 3 (Reuters) - Westpac Banking Corp WBC.AX:

  • WESTPAC SELLS RAMS MORTGAGE PORTFOLIO

  • ENTERED INTO AN AGREEMENT TO SELL ITS A$21.4BN RAMS MORTGAGE PORTFOLIO

  • ENTERED INTO AN AGREEMENT TO SELL ITS $21.4BN RAMS MORTGAGE PORTFOLIO TO A CONSORTIUM WHICH INCLUDES PEPPER MONEY

  • FOLLOWING COMPLETION, WESTPAC'S COMMON EQUITY TIER 1 CAPITAL RATIO IS ESTIMATED TO INCREASE BY C.20 BPS.

  • COMPLETION EXPECTED TO OCCUR IN 2H26

  • FOLLOWING COMPLETION, WESTPAC'S COMMON EQUITY TIER 1 CAPITAL RATIO IS ESTIMATED TO INCREASE BY C.20 BPS

  • ALL FIGURES IN AUD

Further company coverage: WBC.AX

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10